Question 1

A SWOT Matrix is composed of four cells for the four types of strategies it creates.

Accepted Answer

A) True 
 B)False

Question 2

Culture includes the set of shared values,beliefs,attitudes,customs,norms,personalities,heroes and heroines that describe a firm.

Accepted Answer

A) True 
 B)False

Question 3

The midpoint on the x-axis of a BCG Matrix is typically set at 0.05.

Accepted Answer

A) True 
 B)False

Question 4

The trend in the U.S.is toward larger boards,with an average of 18 members being the norm.

Accepted Answer

A) True 
 B)False

Question 5

What term is defined as the product of multiplying the weights by the Attractiveness Scores in each row of the QSPM?

Accepted Answer

A)  Total Attractiveness Scores 
B)  Sum Total Attractiveness Scores 
C)  Weighted Scores 
D)  Total Weighted Scores 
E)  Factors 
A)  Total Attractiveness Scores 
B)  Sum Total Attractiveness Scores 
C)  Weighted Scores 
D)  Total Weighted Scores 
E)  Factors

Question 6

According to the Grand Strategy Matrix,organizations in which quadrant have a strong competitive position but are in a slow-growth industry?

Accepted Answer

A)  I 
B)  II 
C)  III 
D)  IV 
E)  V 
A)  I 
B)  II 
C)  III 
D)  IV 
E)  V

Question 7

Describe the tactics that have been used by politicians that can also aid strategists.

Accepted Answer

Equifinality-It is often possible to ach

Question 8

Each of the nine techniques included in the strategy formulation framework rely on the use of

Accepted Answer

A)  strictly factual data. 
B)  luck. 
C)  financial formulas and statistics. 
D)  intuition and analysis. 
E)  synergy. 
A)  strictly factual data. 
B)  luck. 
C)  financial formulas and statistics. 
D)  intuition and analysis. 
E)  synergy.

Question 9

Explain the benefits and limitations of developing a Boston Consulting Group Matrix.

Accepted Answer

The major benefit of the BCG Matrix is t

Question 10

Good intuitive judgment is always needed to determine appropriate weights and ratings in the input stage matrices.

Accepted Answer

A) True 
 B)False

Question 11

Compare and contrast the IE Matrix with the BCG Matrix.

Accepted Answer

The IE Matrix is similar to the BCG Matr

Question 12

The SWOT matrix is widely used as an organizational tool and,if used appropriately,does not have any limitations.

Accepted Answer

A) True 
 B)False

Question 13

What is the highest number of strategies that can be examined at one time with the QSPM?

Accepted Answer

A)  1 
B)  2 
C)  5 
D)  10 
E)  There is no limit. 
A)  1 
B)  2 
C)  5 
D)  10 
E)  There is no limit.

Question 14

Which of the following analytical tools consists of a nine-cell matrix?

Accepted Answer

A)  Matching Matrix 
B)  Competitive Profile Matrix 
C)  SPACE Matrix 
D)  Grand Strategy Matrix 
E)  Internal-External Matrix 
A)  Matching Matrix 
B)  Competitive Profile Matrix 
C)  SPACE Matrix 
D)  Grand Strategy Matrix 
E)  Internal-External Matrix

Question 15

The most important determinants of an organization's overall strategic position are considered to be the two internal dimensions,financial position (FP)and competitive position (CP),and the two external dimensions,industry position (IP)and stability position (SP).

Accepted Answer

A) True 
 B)False

Question 16

What type of strategies would you recommend when a firm's SPACE Matrix directional vector has the coordinates (-2,+3)?

Accepted Answer

A)  Aggressive 
B)  Conservative 
C)  Competitive 
D)  Defensive 
E)  Integrative 
A)  Aggressive 
B)  Conservative 
C)  Competitive 
D)  Defensive 
E)  Integrative

Question 17

Which matrix is included in the decision stage of the strategy formulation framework?

Accepted Answer

A)  Internal Factor Evaluation Matrix 
B)  Quantitative Strategic Planning Matrix 
C)  Boston Consulting Group Matrix 
D)  Grand Strategy Matrix 
E)  Strategic Position and Action Evaluation Matrix 
A)  Internal Factor Evaluation Matrix 
B)  Quantitative Strategic Planning Matrix 
C)  Boston Consulting Group Matrix 
D)  Grand Strategy Matrix 
E)  Strategic Position and Action Evaluation Matrix

Question 18

Both IE and BCG Matrices are called portfolio matrices.

Accepted Answer

A) True 
 B)False

Question 19

Successful strategists minimize their own political exposure on issues that are highly controversial and in circumstances where opposition from major power centers is likely.

Accepted Answer

A) True 
 B)False

Question 20

What type of strategy would divestiture be classified as?

Accepted Answer

A)  Aggressive 
B)  Defensive 
C)  Competitive 
D)  Offensive 
E)  Conservative 
A)  Aggressive 
B)  Defensive 
C)  Competitive 
D)  Offensive 
E)  Conservative

A SWOT Matrix is composed of four cells for the four types of strategies it creates.

Culture includes the set of shared values,beliefs,attitudes,customs,norms,personalities,heroes and heroines that describe a firm.

The midpoint on the x-axis of a BCG Matrix is typically set at 0.05.

The trend in the U.S.is toward larger boards,with an average of 18 members being the norm.

What term is defined as the product of multiplying the weights by the Attractiveness Scores in each row of the QSPM?

According to the Grand Strategy Matrix,organizations in which quadrant have a strong competitive position but are in a slow-growth industry?

Describe the tactics that have been used by politicians that can also aid strategists.

Each of the nine techniques included in the strategy formulation framework rely on the use of

Explain the benefits and limitations of developing a Boston Consulting Group Matrix.

Good intuitive judgment is always needed to determine appropriate weights and ratings in the input stage matrices.

Compare and contrast the IE Matrix with the BCG Matrix.

The SWOT matrix is widely used as an organizational tool and,if used appropriately,does not have any limitations.

What is the highest number of strategies that can be examined at one time with the QSPM?

Which of the following analytical tools consists of a nine-cell matrix?

The most important determinants of an organization's overall strategic position are considered to be the two internal dimensions,financial position (FP)and competitive position (CP),and the two external dimensions,industry position (IP)and stability position (SP).

What type of strategies would you recommend when a firm's SPACE Matrix directional vector has the coordinates (-2,+3)?

Which matrix is included in the decision stage of the strategy formulation framework?

Both IE and BCG Matrices are called portfolio matrices.

Successful strategists minimize their own political exposure on issues that are highly controversial and in circumstances where opposition from major power centers is likely.

What type of strategy would divestiture be classified as?

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS Issues

Strategy Review, Evaluation, and Control

Business Ethics/Social Responsibility/Environmental Sustainability

Global/International Issues

Filters

Exam 6: Strategy Analysis and Choice

A SWOT Matrix is composed of four cells for the four types of strategies it creates.

Culture includes the set of shared values,beliefs,attitudes,customs,norms,personalities,heroes and heroines that describe a firm.

The midpoint on the x-axis of a BCG Matrix is typically set at 0.05.

The trend in the U.S.is toward larger boards,with an average of 18 members being the norm.

What term is defined as the product of multiplying the weights by the Attractiveness Scores in each row of the QSPM?

According to the Grand Strategy Matrix,organizations in which quadrant have a strong competitive position but are in a slow-growth industry?

Describe the tactics that have been used by politicians that can also aid strategists.

Each of the nine techniques included in the strategy formulation framework rely on the use of

Explain the benefits and limitations of developing a Boston Consulting Group Matrix.

Good intuitive judgment is always needed to determine appropriate weights and ratings in the input stage matrices.

Compare and contrast the IE Matrix with the BCG Matrix.

The SWOT matrix is widely used as an organizational tool and,if used appropriately,does not have any limitations.

What is the highest number of strategies that can be examined at one time with the QSPM?

Which of the following analytical tools consists of a nine-cell matrix?

The most important determinants of an organization's overall strategic position are considered to be the two internal dimensions,financial position (FP)and competitive position (CP),and the two external dimensions,industry position (IP)and stability position (SP).

What type of strategies would you recommend when a firm's SPACE Matrix directional vector has the coordinates (-2,+3)?

Which matrix is included in the decision stage of the strategy formulation framework?

Both IE and BCG Matrices are called portfolio matrices.

Successful strategists minimize their own political exposure on issues that are highly controversial and in circumstances where opposition from major power centers is likely.

What type of strategy would divestiture be classified as?

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS Issues

Strategy Review, Evaluation, and Control

Business Ethics/Social Responsibility/Environmental Sustainability

Global/International Issues

Filters